J.M. Smucker EPS Expectations Down Over Past Month

Over the past three months, the consensus estimate has sagged from $1.25. For the fiscal year, analysts are expecting earnings of $5.75 per share. A year after being $1.37 billion, analysts expect revenue to fall 1% year-over-year to $1.35 billion for the quarter. For the year, revenue is expected to come in at $5.93 billion.

A year-over-year revenue decrease in the fourth quarter snapped a streak of three consecutive quarters of revenue increases.

The company has seen steady earnings for the last eight quarters, and for the last four, net income has increased year-over-year by an average of 16%. It was in the third quarter that the company saw the biggest boost, a surge of 32%.